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Hovnanian Enterprises, Inc. (HOV)

NYSE - NYSE Delayed Price. Currency in USD
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1.75+0.01 (+0.57%)
At close: 4:03PM EDT

1.75 0.00 (0.00%)
After hours: 4:42PM EDT

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Hovnanian Enterprises, Inc.

110 West Front Street
PO Box 500
Red Bank, NJ 07701
United States
732-747-7800
http://www.khov.com

SectorIndustrial Goods
IndustryResidential Construction
Full Time Employees1,961

Key Executives

NameTitlePayExercisedAge
Mr. Ara K. HovnanianChairman, Chief Exec. Officer and Pres3.96MN/A60
Mr. J. Larry SorsbyChief Financial Officer, Exec. VP and Director1.67MN/A62
Mr. Brad G. O'ConnorChief Accounting Officer, VP and Corp. Controller613.27kN/A47
Mr. Lucian Theon Smith IIIChief Operating OfficerN/AN/A57
Mr. Paul MarabellaChief Information Officer and VPN/AN/AN/A
Amounts are as of December 31, 2016 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Hovnanian Enterprises, Inc. designs, constructs, markets, and sells residential homes in the United States. It constructs single-family detached homes, attached townhomes and condominiums, urban infill, and active lifestyle homes. The company markets its build homes for first-time buyers, first-time and second-time move-up buyers, luxury buyers, active lifestyle buyers, and empty nesters in 167 communities in 33 markets. It also provides financial services comprising originating mortgages from homebuyers and selling such mortgages in the secondary market, as well as offers title insurance services. The company was founded in 1959 and is headquartered in Red Bank, New Jersey.

Corporate Governance

Hovnanian Enterprises, Inc.’s ISS Governance QualityScore as of September 1, 2017 is 6. The pillar scores are Audit: 1; Board: 7; Shareholder Rights: 5; Compensation: 8.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.